With the US Congress having completed its work for 2007 without reauthorizing the R&D tax credit, thousands of companies can expect tax increases in 2008. The R&D Credit Coalition estimates that the credit is equal to an average of six cents for every R&D dollar. Eleven thousand companies currently claim the credit, which saved businesses […]
Analytik Jena AG opened a London, UK, office. Fiscal 2008 revenues for Analytik Jena AG rose 3.0% to €69.3 million ($92.4 million) (see IBO 1/15/08). Instrument sales increased 16.2% to €43.1 million ($57.5 million). By segment, Analytical Solutions grew 13.3% to 47% of total sales, Bio Solutions increased 9.9% to 5%, Optical Solutions rose 35.1% […]
Thermo Fisher Scientific is now distributing EDAX’s electron backscatter diffraction systems to complement its Noran System Six X-ray microanalysis system. Xstream Systems named Blue Ridge X-Ray a distributor of its XT250 ED-XRF for identification of counterfeit drugs in the pharmaceutical supply chain. Shimadzu Japan introduced the ICPE-9000 ICP emission spectrometer. Available in multitype and sequential […]
The Science and Technology (S&T) budget for Japan’s fiscal year 2008 (April 1, 2008–March 31, 2009) was approved in December 2007 and totals ¥3.57 trillion ($32.5 billion), an increase of 1.7% (see IBO 1/15/08). Sixty-five percent of S&T spending will go to the Ministry of Education, Culture, Sports, Science and Technology (MEXT). Within the MEXT, […]
Although margins for US refineries plummeted between the first and second halves of 2007, a series of mergers and acquisitions are expected to take place during 2008. Large refiners and oil companies may begin selling their facilities in order to protect their bottom lines as prices for oil reach all-time highs. Smaller refiners, international firms […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
